Investor Presentaiton

Full-year 2023 results • Underlying net sales increased by ~7% • i.e. without EUR 228 million upfront payment in 2022 Underlying operating profit increased by ~5% i.e. without EUR 208 million net impact from upfront payment in 2022 and without the positive EUR 30.7 million impact from the transfer of the Orion Pension Fund's B fund in 2023 • Cash flow decreased clearly due to • Lower operating profit Increase in NubeqaⓇ related inventories and receivables 30 ORION 1-12/ 1-12/ Change 2023 2022 Net sales, EUR million 1,189.7 1,340.6 -11.3% Operating profit, EUR million 274.9 439.6 -37.5% Operating profit margin, % 23.1% 32.8% Cash flow from operating • Overall increase in inventories 0.85 3.09 -72.6% activities per share, EUR Cash flow impact from the transfer of the Orion Pension. Fund's B fund only in Q2/2024 Proposed dividend per share 1.62 1.60 +1.3% Investor Presentation Orion Corporation

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